According to @doctortraderr, a trading strategy is being executed as part of the $100-1K challenge, involving a short position on Ethereum (ETH) with a limit entry at $2738, a margin of $40, and 10x leverage aiming for a target price of $2100. This setup highlights a bearish outlook for ETH in the near term, providing clear risk parameters and profit targets for active traders. The use of significant leverage underscores the potential for both rapid gains and losses, making risk management crucial. Such high-profile challenges and public trades can influence market sentiment and add volatility to ETH price action (Source: Twitter/@doctortraderr, May 13, 2025).